HDB Financial Services has successfully completed a significant debt fundraising exercise through the allocation of secured redeemable non-convertible debentures (NCDs) via private placement. The Debenture Allotment Committee approved the allocation on February 23, 2026, representing a substantial capital raising initiative for the financial services company.

NCD Allocation Details

The company has allocated 81,000 secured redeemable NCDs with a face value of ₹1,00,000 each, totaling ₹8,61,88,20,535.80. The debentures have been structured with attractive terms for investors, featuring a coupon rate of 7.5519% and a tenure of 1136 days.

Security and Payment Structure

The NCDs are secured by a first and exclusive charge by way of hypothecation over present and future receivables of the company. The security structure maintains a minimum asset cover of 1 time the principal outstanding and interest accrued but not paid throughout the tenure of the NCDs.

The interest payment schedule is structured annually, with payments due on April 24, 2026, April 24, 2027, April 24, 2028, and final payment on maturity date April 04, 2029. The debentures are redeemable at par value.

Market Listing and Access

The debentures are proposed to be listed on BSE's Wholesale Debt Market Segment, which will provide institutional investors and qualified buyers access to trade these securities. The listing on BSE's wholesale debt platform ensures proper market infrastructure and regulatory oversight for the instruments with ISIN INE756I07FE0.

Strategic Capital Raising

This private placement represents a significant capital raising exercise for HDB Financial Services, providing the company with substantial medium-term funding through the debt market. The secured nature of the NCDs and the competitive coupon rate demonstrate the company's ability to access capital markets on favorable terms while offering investors a fixed-income instrument with defined maturity.

Source: Company/INE756I01012/208904b9-6a7a-48c4-9748-6f5b48594778.pdf

HDB Financial Services Limited has successfully completed the allotment of equity shares under its Employee Stock Option Schemes, marking another milestone in its employee engagement initiatives. The company allotted 2,37,865 equity shares to employees on January 23, 2026, following the exercise of stock options under the ESOS framework.

Share Capital Enhancement

The allotment has resulted in an increase in the company's paid-up share capital structure. The details of the capital change are presented below:

Regulatory Compliance

The company has fulfilled its regulatory obligations by informing both major stock exchanges about this corporate action. The notification was sent to:

• National Stock Exchange of India Limited (Scrip Code: HDBFS)
• BSE Limited (Scrip Code: 544429)

The formal communication was signed by Dipti Jayesh Khandelwal, Company Secretary and Compliance Officer (Membership No. F11340), ensuring proper authorization and compliance with listing requirements.

Employee Stock Option Implementation

The allotment represents the successful execution of the company's Employee Stock Option Schemes, allowing eligible employees to convert their vested options into equity shares. This mechanism serves as an important tool for employee retention and alignment of interests between the workforce and shareholders.

Transparency and Disclosure

In line with corporate governance practices, HDB Financial Services has made the intimation available on its official website at the investor compliances section, ensuring transparent communication with all stakeholders about this corporate development.